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" ... All of which brings us to the most obvious aspect of economic growth that was plainly lacking after World War II. Competition truly lifts all boats. Not only does it redound to consumers ever in search of lower prices, competition also forces all companies eager to prosper to constantly enhance the market worth of what they’re doing. As individuals we all know this intuitively, but absent competition we’re far more able to stagnate simply because there’s no commercial entity working diligently to take away our market share. The fact that U.S. companies of the post-war world had major market share was a barrier to their positive evolution as opposed to something that sustained our continued dominance. If anything, the lack of global competition somewhat foretold the 1970s when formerly dominant companies of the General Motors variety were exposed as all too mediocre. ... "
" ... As a young man, Abraham Lincoln wanted nothing more than “to link his name with something that would redound [contribute] to the interest of his fellow man.” ... "
" ... However, let's pan out and think about this on the larger scale, that of the retail industry as a whole. You don't have to go far to find someone who complains about Amazon becoming a monopoly, gaining too much market power and all that. There are people quite seriously thinking about antitrust action and so on. And if Amazon were the only online retailer that would be a fair enough worry--worry if not proven yet that is--for people to consider. But the counter to someone gaining market power is competition. And that's exactly what Walmart seems to be providing in the online space. In the more technical economic sense the presence of a large, well funded and increasingly successful other online retailer limits Amazon's market power and further, their ability to exercise whatever they do have. At a lower level, of the consumer, that competition of course can only redound to their benefit. If there are two large and well funded companies chasing their business then the offers made to gain it are only going to get better, aren't they? ... "
" ... Just like currencies, investment flows are a shifting barometer of both policies and sentiment. Lately, emerging markets have regained favor, and this can only redound to higher wealth scores in much of Asia. Even ahead of the latest turn, Asia-Pacific was registering a dominant 720 spots in our Billionaires roster, affirming Forbes Asia magazine's tracking of regional pacesetters. ... "
" ... The point of all this is that we should hope that Trump’s various billionaires alert him to how expensive regulations are despite achieving less than nothing. That Icahn may have skin in the deregulation game, that his wealth might grow as a result, will logically redound to the vast majority of Americans who can measure their wealth in four or five digits, as opposed to 10 or 11 like Icahn. Icahn is an investor in corporations that are owned by regular people, and that employ regular people. That being the case, let’s hope Icahn acts with blatant self interest and pursues the erasure of regulations that make no sense. We’ll know he’s done right if his wealth increases. ... "